Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10017580 Mrs J Newman Mr T Newman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10017580 2024-03-31 10017580 2025-03-31 10017580 2024-04-01 2025-03-31 10017580 frs-core:CurrentFinancialInstruments 2025-03-31 10017580 frs-core:Non-currentFinancialInstruments 2025-03-31 10017580 frs-core:ComputerEquipment 2025-03-31 10017580 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10017580 frs-core:ComputerEquipment 2024-03-31 10017580 frs-core:MotorVehicles 2025-03-31 10017580 frs-core:MotorVehicles 2024-04-01 2025-03-31 10017580 frs-core:MotorVehicles 2024-03-31 10017580 frs-core:PlantMachinery 2025-03-31 10017580 frs-core:PlantMachinery 2024-04-01 2025-03-31 10017580 frs-core:PlantMachinery 2024-03-31 10017580 frs-core:ShareCapital 2025-03-31 10017580 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10017580 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10017580 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10017580 frs-bus:SmallEntities 2024-04-01 2025-03-31 10017580 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10017580 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10017580 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 10017580 frs-bus:Director1 2024-04-01 2025-03-31 10017580 frs-bus:Director2 2024-04-01 2025-03-31 10017580 frs-countries:EnglandWales 2024-04-01 2025-03-31 10017580 2023-03-31 10017580 2024-03-31 10017580 2023-04-01 2024-03-31 10017580 frs-core:CurrentFinancialInstruments 2024-03-31 10017580 frs-core:Non-currentFinancialInstruments 2024-03-31 10017580 frs-core:ShareCapital 2024-03-31 10017580 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10017580 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 10017580
Fabrichine Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10017580
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,873 1,142
Investment Properties 5 115,000 112,076
126,873 113,218
CURRENT ASSETS
Stocks 6 5,965 5,965
Debtors 7 24,417 28,340
Cash at bank and in hand 13,421 4,618
43,803 38,923
Creditors: Amounts Falling Due Within One Year 8 (51,150 ) (57,509 )
NET CURRENT ASSETS (LIABILITIES) (7,347 ) (18,586 )
TOTAL ASSETS LESS CURRENT LIABILITIES 119,526 94,632
Creditors: Amounts Falling Due After More Than One Year 9 (70,000 ) (59,000 )
NET ASSETS 49,526 35,632
CAPITAL AND RESERVES
Called up share capital 10 1 1
Fair value reserve 11 2,924 -
Profit and Loss Account 46,601 35,631
SHAREHOLDERS' FUNDS 49,526 35,632
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 16 December 2025 and were signed on its behalf by:
Mrs J Newman
Director
16 December 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Fabrichine Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10017580 . The registered office is Henge Barn, Pury Hill Business Park, Alderton Road, Towcester, Northamptonshire, NN12 7LS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on cost
Motor Vehicles 20% reducing balance
Computer Equipment 25% on cost
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.6. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 14,509 3,800 1,041 19,350
Additions 2,741 11,490 - 14,231
Disposals - (3,800 ) - (3,800 )
As at 31 March 2025 17,250 11,490 1,041 29,781
Depreciation
As at 1 April 2024 13,367 3,800 1,041 18,208
Provided during the period 1,202 2,298 - 3,500
Disposals - (3,800 ) - (3,800 )
As at 31 March 2025 14,569 2,298 1,041 17,908
Net Book Value
As at 31 March 2025 2,681 9,192 - 11,873
As at 1 April 2024 1,142 - - 1,142
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 112,076
Revaluations 2,924
As at 31 March 2025 115,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 112,076 112,076
The property valuation used in the accounts was provided by the Directors based upon online market data available to them at the time.
6. Stocks
2025 2024
£ £
Work in progress 5,965 5,965
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Page 5
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 22,057 27,252
Other debtors 2,360 1,088
24,417 28,340
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 12,082 9,401
Amounts owed to participating interests 11,988 12,133
Other creditors 872 7,866
Taxation and social security 26,208 28,109
51,150 57,509
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 70,000 59,000
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
11. Reserves
Fair Value Reserve
£
Movements in fair value reserve 2,924
As at 31 March 2025 2,924
12. Related Party Transactions
Within creditors is a loan payable to Eccentric Engineering Ltd of £11,988 (2024: £12,133), which is a company run by the same directors.
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